Canadian businesses feeling 35% tariff crunch

Canadian businesses feeling 35% tariff crunch

August 1, 2025 5:33 pm EST.

As non-CUSMA trade now faces a 35% U.S. tariff, one business owner explains it's not just the tariff hurting entrepreneurs. Joey Walsh says he fears big businesses will take advantage, as smaller ones will go under.

Latest in Local

Gas prices expected to jump 7 cents at midnight

Ontario swelters under extreme heat: Doctor tips on how to stay cool

City of Ottawa apologizes for Canada Day fireworks show a week after holiday

Toronto heatwave: Here's how hot it's expected to get

Toronto's top doctor warns of potential health impacts of Billy Bishop expansion

West-end Toronto residents frustrated with Metrolinx over noise

Cost of storing banned U.S. booze in Ontario reaches $8 million

Toronto, GTA under yellow level heat warning

Police identify two men killed at festival shooting that left five others with gunshot injuries

Toronto to look at street festival safety in the wake of Salsa on St Clair shooting

The long anticipated East Don Trail opens to the public

Toronto police echoes calls for gun control after Salsa on St. Clair shooting

Future GO Bloor-Lansdowne station already driving noise complaints from residents

Toronto in contact with U.S. officials on strengthening gun control: Chow

'No relief in sight': Toronto swelters under multi-day heatwave

Witness recalls fatal shooting at Salsa on St. Clair festival

Salsa on St. Clair shooting prompts safety concerns for future festivals

Bonnie Crombie to run for mayor of Mississauga again

'It was terrifying': Councillor Matlow reacts to Salsa on St. Clair shooting

Brampton man charged in shooting near Polson Pier

From Across Canada

Manitoba MP charged for owning more than 400 firearms, antique cannon

Could 'explosive diarrhea' parasite hit Canada?

Did Carney strike a fair deal to open Gordie Howe Bridge?

Peter Nygard, disgraced Canadian fashion mogul, found guilty of sexual assault

Poll shows Conservatives pulling closer to Liberals as byelections loom

Air Canada reaches tentative agreement with workers, while strike vote looms over WestJet

Tick-borne illness anaplasmosis on the rise, health experts warn

U.S. And Iran Battle Over Strait of Hormuz

110-year-old Quebecer marks major milestone birthday

Interest rate decision coming after job market grows in June

$8M proposed settlement reached in beef price-fixing lawsuit

Experts watchful of Trump as gas costs soar: 'Whatever he says, it changes the price'

Canada's largest airport warns travellers against AI websites spreading misinformation

Air Canada flight deviates off runway when landing in Montreal

Carney looking for Saudi investment

Kawhi's trade back to Raptors on hold over NBA investigation

Canada needs to engage with Saudi Arabia despite differences: Carney

Carney in Saudi Arabia, marking first visit by Canadian PM in 26 years

Iran's attacks on Gulf ships 'unjustified,' Anand says

More than 3,100 wildfires recorded in Canada this season

Around the Globe

Trump says U.S. will reinstate naval blockade on Iran

Fire at Bangkok pub kills at least 27 people, officials say

Europe reported 10K excess deaths during June heatwave

Bangkok music bar fire kills at least 27 people

U.S. Sen. Lindsay Graham possibly died by aortic dissection

Sam Neill, 'Jurassic Park' actor, dies at 78

U.S. Senator Lindsey Graham has died

Iran claims it targeted U.S. military installations

Spain's bull run festival leaves more than a dozen injured

2 kids attempt playground visit world record

Passenger partly sucked out of broken plane window

Potential humanitarian disaster developing in Venezuela after earthquakes

Trump says Iran wants to 'make a deal so badly' amid exchange of strikes

Heat dome moves across U.S. west coast, while east in recovery from floods

Why this U.K. Labour MP could be PM Starmer's replacement

Bonnie Tyler, 'Total Eclipse of the Heart' singer, dies at 75

Trump finds new scapegoat, as NATO Summit wraps up

Canadians Emmy nominated for 'The Pitt,' while 'Heated Rivalry' deemed ineligible

U.S. approves emergency plan to import Marineland's whales, dolphins

Trump says ceasefire with Iran is over amid exchange of strikes

Most Popular Videos

2:12

Toronto heatwave: Here’s how hot it’s expected to get

The multi-day heatwave is expected to reach its peak today as record-breaking temperatures are forecasted to heat up the city.

1h ago

2:27

Cost of storing banned U.S. booze in Ontario reaches $8 million

In addition to the cost of storage, roughly $2.6 million worth of U.S. product expired as of the end of March 2026. The LCBO says roughly 97% remains in good condition and within its normal shelf-life. Mark McAllister reports.

15h ago

2:22

Extremely hot and humid weather hits Toronto

Hot and humid weather has arrived in Toronto. CityNews Weather Specialist Jessie Uppal has the details on how long the heat wave will last.

16h ago

2:30

Toronto, GTA under yellow level heat warning

Dangerously warm weather has arrived in the GTA. Alessandra Carneiro has more from experts on how to stay cool and stay safe.

16h ago

3:30

Police identify two men killed at festival shooting that left five others with gunshot injuries

Two men killed during an exchange of gunfire on St. Clair Avenue West have been identified, as the investigation into the festival shooting continues. Shauna Hunt reports five other people were injured including a teen girl who was shot in the arm.

16h ago